Ringgold, VA—24586
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ringgold, VA
Home Price Trends — Ringgold, VA
As of Oct '25, the median home price in Ringgold, VA is $180,000, with a year-over-year change of -2.9%. This indicates that home prices in Ringgold, VA are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | -2.9% |
| Single Family | $180,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $104,000 | -8.0% |
3 Bed | $230,000 | 3.6% |
4 Bed | $297,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ringgold, VA
As of July '25, Rentcast reports the average rent in Ringgold, VA is $700, with a year-over-year rent change of -22.2%. Per bedroom, the median rent as of July '25 in Ringgold, VA is 2-bedrooms: $700. The most common rental property sizes in Ringgold, VA are 3-bedroom and 2-bedroom, accounting for 79.4% and 16.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $700 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ringgold, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ringgold, VA is 58. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 1.0% |
Listing Count | 11 | -36.0% |
| Listings as % of Homes | 0.2% | -36.0% |
Days on Market | 58 | -12.0% |
Demographics — Ringgold, VA
As of the latest ACS Survey released in 2023, Ringgold, VA has a population of 4,140, which has decreased by -32.5% over the past 5 years. Ringgold, VA is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,140 | -32.5% |
% Under 18 | 18.8% | -24.2% |
% Seniors | 21.3% | 12.1% |
% WFH | 6.7% | 39.6% |
% w/ College Degree | 16.1% | 51.9% |
As of the latest ACS Survey released in 2023, Ringgold, VA is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Ringgold, VA is black, making up 19.6% of the population. Foreign-born residents account for 0.6% of the population in Ringgold, VA, and this percentage has decreased by 73.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.9% | -3.8% |
% Black | 19.6% | 44.1% |
% Hispanic | 0.6% | -84.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -73.9% |
Mortgage and Risk — Ringgold, VA
According to HUD data as of 2023, there were 55 mortgage originations in Ringgold, VA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Ringgold, VA. Investor activity is low, as 4.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 55 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Ringgold, VA
Ringgold, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | $330 | $700 | $1,030 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Ringgold, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $180,000 |
| Median Household Income | $54,300 |